Financials
Financial year 2024
SAHBAZ from Gent, company number BE0872000801, closed financial year 2024 with a result of € 7,490 after tax. For that financial year SAHBAZ recorded a gross margin of € 15,039 and equity of € 40,691. Compared with financial year 2023, the result moved from € 5,864 to € 7,490. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 22, 2025.
€ 40,691
▲ 23% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,490
▲ 28% vs 2023
Profit after tax over the fiscal year.
€ 12,468
▼ 36% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 22,091.
People and assets in 2024
€ 16,820
▼ 16% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 204,992
▲ 4% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 3,346
▲ 211% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 2,215 | € 6,534 | € 10,795 | € 15,039 | ▲ 39% |
| Profit after taxes | € 1,184 | € 5,507 | € 5,864 | € 7,490 | ▲ 28% |
| Equity | € 21,828 | € 27,335 | € 33,200 | € 40,691 | ▲ 23% |
| Total debts | € 280,165 | € 290,796 | € 240,221 | € 241,809 | ▲ 1% |
| Cash | € 5,082 | € 3,990 | € 19,456 | € 12,468 | ▼ 36% |
| Retained profit | € 3,228 | € 8,735 | € 14,600 | € 22,091 | ▲ 51% |
| Bank debt | € 2,087 | € 406 | € 353 | € 0 | ▼ 100% |
| Balance sheet total | € 301,993 | € 318,131 | € 273,422 | € 282,499 | ▲ 3% |
Key figures of SAHBAZ, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SAHBAZ?
What happened at SAHBAZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 7,490 (▲ 28% vs 2023). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 1,184 profit in 2021 to € 7,490 profit in 2024.
Paid € 3,109 in corporate taxes since 2021.
Best year ever: 2024, with € 7,490 profit.
Establishments
Establishment units
Physical locations of this company
Frans van Ryhovelaan 15C box 2
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- SAHBAZ Ahmet Kamil(oprichter) 94.6%
- YUKSEL Birol(oprichter) 5.4%
Details
- Company number
- 0872.000.801
- VAT number
- BE 0872.000.801
- Registered office
- Frans van Ryhovelaan 15C bus 2, 9000 Gent
- Names & denominations
- SAHBAZ
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 2005
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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